 "What is Faceless Assessment Scheme?")
Faceless Assessment Scheme
What is Faceless Assessment Scheme?
The Union Government introduced ‘Faceless Assessment Scheme’ for all taxpayers to usher in greater transparency, efficiency and accountability in income tax assessments. The scheme will eliminate human interface in assessments and is expected to reduce potential harassment of taxpayers. The National e-Assessment Center will be the sole governing authority for all communication with taxpayers under the scheme.
Under the scheme, the selection of a taxpayer is done through a system using analytics and artificial intelligence. A taxpayer may belong to one city, but it is possible that the income tax return may be assessed in some other city through random selection
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Latest Updates on Faceless Assessment Scheme
Faceless assessment: Fresh SOPs issued to address taxpayers' conflicts
The faceless centre, constituted by the Central Board of Direct Taxes, is the nodal authority and works as an interface for the faceless regime
 "Faceless assessment: Fresh SOPs issued to address taxpayers' conflicts")
Despite teething issues, e-filing process largely smooth: CBDT spokesperson
'The faceless assessment scheme in India draws upon the best practices of the UK HRMC and Australian ATO'
 "Despite teething issues, e-filing process largely smooth: CBDT spokesperson")
Faceless assessment: Rules for authentication of e-records submission eased
The finance ministry on Tuesday said electronic records submitted through registered account of taxpayers in the income tax portal shall be deemed to have been authenticated by the taxpayer by EVC
 "Faceless assessment: Rules for authentication of e-records submission eased")
Top taxpayers may get flexibility to exit faceless assessment scheme
Recast of scheme is being discussed to bring in more flexibility into the system
 "Top taxpayers may get flexibility to exit faceless assessment scheme")
